KAU 6.25% 17.0¢ kaiser reef limited

I totally agree that it is very unlikely that the delay has an...

  1. 1,037 Posts.
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    I totally agree that it is very unlikely that the delay has an bearing on the deal.

    In regard to a possible acquisition mid drilling at LFB ..... again I don't think this has any bearing on anything really. Not always, but often you can't pick and choose the timing of acquiring a project, just got to make the most of the opportunity when it arises.

    I actually think it could be a very good thing for KAU. They are cashed up and in a very good position to act quickly on opportunities that arise if they meet the due diligence criteria and potentially add value their company goals.

    I like KAU and their LFB ground but one of my concerns is that there isn't a lot of diversification in the stable at the moment. I personally think this could be a great move for the company.

    Will we see soon enough though as it is scheduled to be released early this week.
 
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